Tag: Credit Cards

Invest tech, WealthTech

Banks target wealthier clients to fix ‘unsustainable’ retail economics

October 27, 2022

Via: American Banker

More nimble, higher-tech rivals are making the economics of garden-variety retail banking “unsustainable” for traditional financial services companies, driving them to focus on specialized digital services for more profitable customers, according to a new study from the consulting firm McKinsey […]

Invest tech, Trading

Mastercard taps Paxos to launch crypto trading for banks

October 17, 2022

Via: Cointelegraph

Mastercard officially announced on Oct. 17 a new program to enable financial institutions to bring crypto trading capabilities and services to their customers. Called “Crypto Source,” the program is designed to allow users to buy, hold and sell cryptocurrencies, complemented […]